accountGMAC LLC, the auto and home lender trying to rescue itself by becoming a bank holding company, scrambled to line up...
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GMAC
GMAC Financial Services is a global finance company operating in and servicing North America, South America, Europe and Asia-Pacific. GMAC specializes in automotive finance, real estate finance, insurance, commercial finance and online banking. The company was formerly known as General Motors Acceptance Corporation, and it was previously the wholly owned financial services arm of General Motors.
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GMAC Financial Services has again extended the early delivery time -- to tomorrow -- for its offer to swap $38 billion...
GMAC LLC said in a regulatory filing Thursday that about $16.9 billion, or 58 percent, worth of its notes have been...
GMAC Financial Services' quest to become a bank holding company remains short of required capital levels as it has...
of debt tendered' from '58 percent of debt target') Dec 17 (Reuters) - Auto and mortgage finance company GMAC LLC said...
GMAC Financial Services can ill afford to be distracted by the Bernard Madoff scandal now that it touches its chairman...
GMAC is most of way to target for raising capital it needs to become bank holding company, and that could help it tap...
said. But he said a bigger problem is what's going to happen to GM's finance arm, GMAC, if it fails to come up with the...
said. But he said a bigger problem is what's going to happen to GM's finance arm, GMAC, if it fails to come up with the...
Investors holding about $10.5 billion of GMAC bonds agreed to sweetened terms of a debt swap, bringing the auto and...
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